The increase or decrease in global oil prices by each dollar will influence the financial juggling of Finance Minister Arun Jaitley’s Budget. But what remains to be seen is how far Jaitley will go...
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Public sector oil companies are poised to see structural improvements in their profitability as under-recoveries are expected to halve with ongoing price revisions and softer crude prices, pointed...
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The government has ordered the Oil and Natural Gas Corporation (ONGC) to pay a record Rs. 56,384 crore in subsidy to help State-owned fuel retailers cover part of the losses they incurred on diesel...
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After obtaining stamp of approval from Expert Appraisal Committee, Petronet India Ltd (PIL) is waiting eagerly for the government formation in Seemandhra to take up work on Rs.4,500-crore LNG termi...
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The Centre on Wednesday denied in the Supreme Court all allegations of collusion and malafide raised in petitions relating to contract given to Reliance Industries Ltd for exploration of oil and g...
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The core sector growth rate shot up to 4.5 percent in February on the back of recovery in the output of electricity, coal and crude oil. The growth rate was 1.3 percent in February 2013. It was 1....
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Firing a fresh salvo against the UPA government, Aam Aadmi Party on Wednesday alleged that Union Oil and Petroleum Minister Verappa Moily is planning to give an oil field off Bombay High to the Es...
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Chinese miners have drilled a record seven-km-deep borehole — the deepest ever dug by a Chinese company on the Tibetan plateau — in the latest push by the government to accelerate the search for o...
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Kailash Satyarthi of India and Malala Yousafzai from Pakistan received the Nobel Peace Prize for 2014 for their pioneering work on promoting child rights in the subcontinent, as they made an impassioned plea to globalise compassion.
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